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708-E Olokele Ave (Kapahulu)

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708-E Olokele Ave, Honolulu
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We are expert real estate agents who know Kapahulu very well and have sold many homes in Honolulu. We would be happy to assist you too.
Description
Welcome to this immaculate 2-story, 6-unit apartment building, perfectly situated near parks, shopping centers, and top-rated schools. Currently 100% occupied with hand-selected tenants, each unit features Congoleum or quarry tile flooring, smoke alarms, gas ranges, electric refrigerators, and built-in ironing boards. The kitchens boast stainless steel sinks, wall cabinets extending to the ceiling, and built-in dining tables. Exterior amenities include a newly renovated 6-stall carport, newly painted, a secure vinyl fence, two coin-operated washer/dryers, tankless water heaters, and ample storage. Enhanced features like photocell-mounted lights, sensor lights, and an ongoing Terminex contract ensure safety and peace of mind.
Recent Activity
  • Oct 13, 2025 Listed at $2,685,000
  • Oct 13, 2025 Listed at $2,150,000
  • Jun 30, 2025 Off Market
  • Jun 11, 2025 Price $2,150,000
  • May 27, 2025 Price $2,300,000
  • Nov 11, 2024 Price $2,500,000
Recent Sales
(Kapahulu)
More Details
  • Owner, Tax & Resale History
  • Other Homes Price / ft²
  • Cash vs Financing Buyers
  • Year Remodeled: 1975
  • Zoning: 12 - A-2 Medium Density Apartme
  • Flood Zone: Zone AE
  • Elementary School: Ala Wai
  • Middle School: Washington
  • High School: Kaimuki
  • Property Condition: Excellent
  • TMK: 1-2-7-35-95-0
  • Tax Assessed Land: $1,331,000
  • Tax Assessed Improvements: $184,200
  • Tax Assessed Total: $1,515,200
  • Courtesy: Hawaii Modern Realty / (808) 792-3910
  • MLS: 202520202
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About Kapahulu
See this aerial video of Kapahulu homes.

The Kapahulu neighborhood is bordered by Kaimuki in the east, Kapiolani in the west, as well as Diamond Head in the south. Kapahulu developed rapidly along Kapahulu Ave, it’s main road, once the Ala Wai Canal, a man-made drainage canal completed in 1920, turned Waikiki’s former swampland into a buildable tourist destination. Waikiki’s resulting building boom quickly extended outwards along busy Kapahulu Ave, one of only 4 main traffic arteries to enter Waikiki. Kapahulu homes for sale typically range between $700K to $1.2M on mostly

  ... Read more
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 10, 2025.Information is deemed reliable but not guaranteed.
Other Kapahulu Homes
$2,150,000
3316 Hinano St
5 Bds | 3 Ba
2,290 ft²
$1,990,000
735 Lukepane Ave
Multi-Family

$2,350,000
3233 Francis St
6 Bds | 6 Ba
2,395 ft²
$1,775,000
3024 Lakimau St
5 Bds | 4 Ba
2,406 ft²
Other Honolulu Homes
Kalihi
$2,150,000
2871 Kalihi St#H
6 Bds | 3 Ba
2,288 ft²
Alewa Heights & Kam Heights
$2,149,000
2222 Mahalo St
8 Bds | 5 Ba
3,568 ft²
Waialae Nui
$2,190,000
4470 Wahinekoa Pl
4 Bds | 6 Ba
2,349 ft²
Kahala
$2,200,000
4570 Ahuli Pl
4 Bds | 3 Ba
2,176 ft²
Makiki
$2,200,000
1926 Ualakaa St
5 Bds | 2 Ba
1,555 ft²
Alewa Heights & Kam Heights
$2,200,000
2526 Waolani Ave
8 Bds | 10.5 Ba
4,988 ft²
  • Asking Price: $2,150,000
Description
Welcome to this immaculate 2-story, 6-unit apartment building, perfectly situated near parks, shopping centers, and top-rated schools. Currently 100% occupied with hand-selected tenants, each unit features Congoleum or quarry tile flooring, smoke alarms, gas ranges, electric refrigerators, and built-in ironing boards. The kitchens boast stainless steel sinks, wall cabinets extending to the ceiling, and built-in dining tables. Exterior amenities include a newly renovated 6-stall carport, newly painted, a secure vinyl fence, two coin-operated washer/dryers, tankless water heaters, and ample storage. Enhanced features like photocell-mounted lights, sensor lights, and an ongoing Terminex contract ensure safety and peace of mind.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 10, 2025.Information is deemed reliable but not guaranteed.
    • Oct 13, 2025 Listed at $2,685,000
    • Oct 13, 2025 Listed at $2,150,000
    • Jun 30, 2025 Off Market
    • Jun 11, 2025 Price $2,150,000
    • May 27, 2025 Price $2,300,000
    • Nov 11, 2024 Price $2,500,000
    See this aerial video of Kapahulu homes.

    The Kapahulu neighborhood is bordered by Kaimuki in the east, Kapiolani in the west, as well as Diamond Head in the south. Kapahulu developed rapidly along Kapahulu Ave, it’s main road, once the Ala Wai Canal, a man-made drainage canal completed in 1920, turned Waikiki’s former swampland into a buildable tourist destination. Waikiki’s resulting building boom quickly extended outwards along busy Kapahulu Ave, one of only 4 main traffic arteries to enter Waikiki. Kapahulu homes for sale typically range between $700K to $1.2M on mostly

      ... Read more
    Other Kapahulu Homes
    $2,150,000
    3316 Hinano St
    5 Bds | 3 Ba
    2,290 ft²
    $1,990,000
    735 Lukepane Ave
    Multi-Family

    $2,350,000
    3233 Francis St
    6 Bds | 6 Ba
    2,395 ft²
    $1,775,000
    3024 Lakimau St
    5 Bds | 4 Ba
    2,406 ft²
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.